Vodacom in new R17.5bn BEE deal


The Vodacom group announces what it says is the largest BEE transaction in the sector to date.

EOH shifts strategy, splits business

Mar 13, 2018

The technology services company splits into two independent businesses; one will continue to trade under the EOH brand and the other will be called NewCo.

Black IT Forum weighs in on DiData-Ngcaba impasse

Aug 29, 2017

The association believes the systems integrator deliberately frustrated its former chairman as he didn't have political influence.

Ricoh SA's BEE drive takes shape

Aug 17, 2017

The company implements a black ownership structure that achieves 52.4% black and black women ownership.

DiData lauds Ngcaba, eyes new BEE deal

Jul 28, 2017

The systems integrator praises its outgoing executive chairman, and is set to announce a black economic empowerment scheme in October.

YeboYethu profit boosted by Vodacom earnings growth

May 17, 2017

Vodacom's BEE empowerment scheme saw net profit for the past financial year grow by almost 108% to R289.7 million.

BEE partner fights Cell C-Blue Label deal

Feb 27, 2017

Cell C's empowerment partner CellSAf says it was not consulted on the Blue Label Telecoms deal and is prepared to go to court to fight it.

Bytes sells conference centre to BEE company

Feb 24, 2017

The Altron subsidiary has sold 51% of its Midrand-based Bytes Conference Centre to BEE group Iyavaya HR Solutions.

Big BEE deals expected as ICT sector code kicks in

Feb 15, 2017

The local industry believes implementation of the new code will provide new impetus to transformation activity in the sector.

Vodacom coy on multibillion-rand BEE deal

Jan 26, 2017

The mobile operator says it continues to explore a variety of options with the primary objective of broad-based inclusivity.

MTN shareholders approve BEE scheme

Oct 10, 2016

Stakeholders vote to approve the proposed R9.9?billion empowerment transaction, MTN Zakhele Futhi, and a planned employee share ownership plan.

WBS to spend billions on 4.5G network

Sep 19, 2016

The Multisource-owned company announces a multibillion-rand investment to build a network that will be a precursor to 5G.